Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from KNT Holdings Limited ( (HK:1025) ) is now available.
KNT Holdings Limited has announced an extraordinary general meeting to discuss a proposed rights issue of up to 202,183,720 ordinary shares at a subscription price of HK$0.20 per share. This move is intended to raise capital by offering shares to existing shareholders, with certain exclusions for non-qualifying shareholders outside Hong Kong. The rights issue aims to strengthen the company’s financial position and provide flexibility in its capital structure, potentially impacting its market standing and shareholder value.
The most recent analyst rating on (HK:1025) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on KNT Holdings Limited stock, see the HK:1025 Stock Forecast page.
More about KNT Holdings Limited
KNT Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong Limited under stock code 1025. The company’s primary business activities or industry focus are not specified in the provided text.
Average Trading Volume: 1,257,732
Technical Sentiment Signal: Sell
Current Market Cap: HK$44.48M
For an in-depth examination of 1025 stock, go to TipRanks’ Overview page.